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Biogen Inc.(BIIB:NASDAQ) Elliott Wave Technical Analysis October 13 2022


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Biogen Inc., Elliott Wave Technical Analysis
Biogen Inc., (BIIB:NASDAQ): Daily Chart, October 13 2022,  
BIIB Stock Market Analysis: Moving as predicted, Looking for this pullback to this support as we have had a huge gap to the upside.  
BIIB Elliott Wave count:  2 of (3).
BIIB Technical Indicators: We broke through all averages.  
BIIB Trading Strategy: Looking for long on this last pullback, as soon as we can identify a five wave move on shorter timeframes.  
TradingLounge Analyst: Alessio Barretta
 
 
BIIB_10_13.png.6923ff84c512b108bd9aec985a74ba0d.png
 

 
Biogen Inc., BIIB: 4-hour Chart, October 13 2022  
Biogen Inc.,  Elliott Wave Technical Analysis
BIIB Stock Market Analysis: Looking for this wave 2 to come to an end soon as we have approached the 20EMA and it is currently acting as support.
BIIB Elliott Wave count:  {c} of 2.
BIIB Technical Indicators: 20 EMA acting as support.
BIIB Trading Strategy:Looking for a break of wave {B} at 265$ to have further confirmation for longs.
BIIB_4H.png.808d047298bbb2abb68593f6f512f396.png
 
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